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MULTITEL Acquires Majority Stake in PALAZZANI Industrie

MULTITEL Acquires Majority Stake in PALAZZANI Industrie

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Creates an even more robust and competitive group for “high-up” work

Manta (Cuneo) 20/05/2026 – Multitel Pagliero is taking a further step forward in its journey of growth by announcing the acquisition of a majority stake in Palazzani Industrie, a historic Italian company that specialises in developing tracked aerial platforms and special solutions for working at height.

By absorbing complementary skills and key markets, this strategic operation significantly broadens Multitel Pagliero’s technological and application scope and strengthens the Group’s international positioning.

The merger between Multitel Pagliero and Palazzani Industrie stems from a shared vision and common roots: two Italian family-run businesses with strong links to their local communities but firmly focused on exports, have built their growth on quality, technical expertise, continual innovation and close attention to customers.

The two firms have been working together for more than 20 years, during which time a substantial technological and commercial synergy has developed. This acquisition is therefore the natural continuance of an already established path, now taking on a new strategic dimension.

In this respect, the acquisition is more than just an industrial step; it is the confirmation of an already tangible convergence between two companies that share similar market strategies and aspirations for working at heights.

«This acquisition represents a natural step in Multitel Pagliero’s growth path», comments Renzo Pagliero, President of Multitel Pagliero. «Palazzani Industrie is a company with which we share profound values, a solid industrial culture and an international vision. Together we will be able to further expand our worldwide reach and offer customers increasingly comprehensive solutions, while continuing to ensure the essential values of quality, innovation and reliability».

From an industrial standpoint, the merging of the two companies will result in significant synergies, thanks to the complementary product lines. Palazzani tracked platforms and specialty machines will be added to Multitel’s truck-mounted platforms, creating an even broader and more versatile offering that can satisfy an even wider range of application requirements.

The acquisition will also increase the Group’s presence in international markets, leveraging on their respective sales and distribution networks and consolidating the Group’s ability to operate in increasingly competitive and global environments.

With an eye toward mutual expansion, Palazzani Industrie will continue to operate in accordance with its history and identity, retaining its expertise while benefiting from Multitel Pagliero’s strategic and industrial support.

«Joining a group like Multitel Pagliero will be a significant opportunity for us», CEO of Palazzani Industrie Paola Palazzani commented. «This operation will allow us to accelerate our development, maintaining the values that have always distinguished our company while strengthening our presence in international markets».

With this acquisition, Multitel Pagliero consolidates its position in the aerial platforms sector and takes a further step in building an increasingly structured industrial group that can blend tradition, innovation and a global perspective.

 

MULTITEL Pagliero News

Founded in Saluzzo (Cuneo) in 1911 by the Pagliero brothers as a modest coachbuilder firm, Multitel Pagliero has since grown to become a leading international designer and manufacturer of truck-mounted aerial platforms. With a constant focus on innovation, the company has been a pioneer in the creation of cutting-edge technological solutions, designing secure, efficient machines that can satisfy the wide range of needs associated with operating at heights. With a comprehensive range and a strong commitment to industrial excellence, Multitel Pagliero is now present in major international markets.

For more information: www.multitelgroup.com


PALAZZANI Industrie News

The Italian firm Palazzani Industrie has a long tradition in developing tracked aerial platforms and specialised equipment for working at height. Internationally recognised for the high technical content of its solutions, the company is distinguished by the quality of its construction, reliability and ability to operate in challenging settings.

For more information: www.palazzani.it